"Vietnam's ruling Communist Party has renewed its leadership and endorsed an ambitious reform program after its National Congress in Hanoi last week. The congress, which is held once every five years and sets Vietnam's political direction and economic targets, wrapped up nearly two days earlier than expected. This likely indicated that no divisions emerged within the party over leadership positions. Party delegates who met in the capital on Friday reelected To Lam to another five-year term as the Communist Party general secretary,"
"Although no formal announcement was made, the composition of the newly-elected Politburo, Vietnam's highest decision-making body, "strongly suggests" that To Lam is poised to also become president, said Le Hong Hiep, a senior fellow at the ISEASYusof Ishak Institute's Vietnam Studies Program in Singapore. Unlike in China, where the analogous two roles have been merged for decades, it is incredibly rare for a Vietnamese leader to hold two of the country's most important positions."
Vietnam's Communist Party renewed its leadership and endorsed an ambitious reform program at its National Congress in Hanoi, which concluded earlier than scheduled. The congress set political direction and economic targets for the next five years. Delegates reelected To Lam to another five-year term as party general secretary, reinforcing his position as the country's dominant political figure. The newly elected Politburo's composition strongly suggests To Lam may also assume the presidency. To Lam pledged 10% annual economic growth and a shift from low-cost manufacturing toward innovation and efficiency to reach high-middle-income status by 2030. He promoted allies from security services and Hung Yen.
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